Notice of Approval - Introduction of Midpoint Extended Life Order - Nasdaq CXC Limited

Market Regulation Document Type
Nasdaq CXC Limited rule review and notices

 
In accordance with the requirements set out in the Process for the Review and Approval of Rules and the Information Contained in Form 21-101F1 and the Exhibits Thereto (Exchange Protocol), on July 5th, 2019, the Commission approved significant changes to Form 21-101F1 for Nasdaq CXC Limited (Nasdaq Canada) reflecting the introduction of the Midpoint Extended Life Order (M-ELO) for the CXC Trading Book.

Nasdaq Canada’s Notice and Request for Comment on the proposed M-ELO was published on the Commission’s website and in the Commission’s Bulletin on June 6, 2019 at (2019) 42 OSCB 5155. No comment letters were received.

The M-ELO is expected to become effective in the fourth quarter of 2019.